TheNational Ports Agency (ANP)anticipates that the overall traffic at its ports will reach approximately89.2 million tons (MT)in 2024, representing a 1% increase compared to 2023. These projections are detailed in the report on public institutions and enterprises (EEP) that accompanies the draft finance law (PLF) for the upcoming year.

Traffic Forecasts and Key Figures

According to the report, the forecasts for 2024 indicate a revenue of2.573 billion dirhams (MDH), an increase of 2% from 2023, and a projected net profit of137.4 MDH, reflecting a significant rise of 31%. This report is available on the website of the Ministry of Economy and Finance.

During the first six months of 2024, the total volume of traffic handled reached48 MT, marking a growth of17.3%compared to the previous year. Revenue for this period also increased by17.1%, nearing1.37 billion dirhams (MMDH), with consolidated growth of16.5%to1.47 MMDH.

Investments and Achievements

The ANP’s investment program is expected to be executed at978 MDH, representing a completion rate of74%of the budget forecasts. However, investments made by the ANP as of the end of June have decreased by18%, totaling176 MDH(and down20%to195 MDHon a consolidated basis).

Multi-Year Investment Plan

Investments and Achievements

The report also indicates that a multi-year investment plan for the period2025-2027is underway, with a total budget of1.87 MMDH. Allocations are set at745 MDHfor 2025,562 MDHfor 2026, and566 MDHfor 2027. This plan includes structural projects, notably the reinforcement of protective dikes to secure coastal areas against erosion and flooding risks, thereby ensuring the protection of port facilities and surrounding communities.

Future Prospects

In terms of future prospects, the report highlights that the ANP has initiated a study aimed at transforming it into apublic limited company (SA). This transformation aims to strengthen its model and optimize the repositioning of its activities while separating regulatory functions from commercial operations.

Conclusion

The traffic forecasts for 2024 from the ANP indicate a slight yet promising development in the port sector in Morocco. With planned investments and a commitment to strategic transformation, the ANP stands out as a key player in the country’s logistics and port development.